GILD Q1 2026 Earnings — Income Statement Breakdown
For its Q1 2026 period (ending 2026-03-31), GILD reported revenue of $7.0B, gross profit of $5.5B (79.2% gross margin), operating income of $2.6B, and net income of $2.0B (29.0% net margin). The flow of revenue into costs and profit is visualized below.
What changed
GILD was profitable; revenue fell 10.4% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | −10.4% | −33.8% | −10.2 pp |
Consensus estimate data is not available for this report.
GILD Q1 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $7.0B | 100% |
| Cost of Revenue | −$1.4B | 20.8% |
| Gross Profit | $5.5B | 79.2% |
| Research & Development | −$1.4B | 19.7% |
| Selling, General & Administrative | −$1.5B | 20.8% |
| Other Operating Expenses | −$107M | 1.5% |
| Operating Income | $2.6B | 37.2% |
| Interest Expense | −$240M | 3.4% |
| Other Income, net | $235M | 3.4% |
| Income Tax Expense | −$559M | 8.0% |
| Net Income | $2.0B | 29.0% |
Source: original SEC filing (filed 2026-05-07). Accession 0000882095-26-000022. Data normalized by EarningsFyi.